Gray Media Capital Expenditures (CapEx) Growth & History (GTN)
Gray Media's capital expenditures (capex) was $108.0M for fiscal 2025.
View full Gray Media company overviewGray Media annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $108.0M | −$35.0M | −24.48% |
| 2024 | 2024-12-31 | $143.0M | −$205.0M | −58.91% |
| 2023 | 2023-12-31 | $348.0M | −$88.0M | −20.18% |
| 2022 | 2022-12-31 | $436.0M | $229.0M | +110.63% |
| 2021 | 2021-12-31 | $207.0M | $97.0M | +88.18% |
| 2020 | 2020-12-31 | $110.0M | $0 | 0.00% |
| 2019 | 2019-12-31 | $110.0M | $40.0M | +57.14% |
| 2018 | 2018-12-31 | $70.0M | $35.0M | +100.00% |
| 2017 | 2017-12-31 | $35.0M | −$8.6M | −19.73% |
| 2016 | 2016-12-31 | $43.6M | $19.4M | +80.02% |
| 2015 | 2015-12-31 | $24.2M | −$8.0M | −24.81% |
| 2014 | 2014-12-31 | $32.2M | $8.2M | +33.93% |
| 2013 | 2013-12-31 | $24.1M | −$470,000 | −1.92% |
| 2012 | 2012-12-31 | $24.5M | $249,000 | +1.03% |
| 2011 | 2011-12-31 | $24.3M | $4.9M | +25.16% |
| 2010 | 2010-12-31 | $19.4M | $1.6M | +9.23% |
| 2009 | 2009-12-31 | $17.8M | — | — |
Gray Media quarterly capital expenditures (capex)
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $17.0M | −$8.0M | −32.00% |
| Q1 2026 | 2026-03-31 | $19.0M | $4.0M | +26.67% |
| Q4 2025 | 2025-12-31 | $43.0M | $3.0M | +7.50% |
| Q3 2025 | 2025-09-30 | $25.0M | −$15.0M | −37.50% |
| Q2 2025 | 2025-06-30 | $25.0M | −$4.0M | −13.79% |
| Q1 2025 | 2025-03-31 | $15.0M | −$19.0M | −55.88% |
| Q4 2024 | 2024-12-31 | $40.0M | −$20.0M | −33.33% |
| Q3 2024 | 2024-09-30 | $40.0M | −$35.0M | −46.67% |
| Q2 2024 | 2024-06-30 | $29.0M | −$74.0M | −71.84% |
| Q1 2024 | 2024-03-31 | $34.0M | −$76.0M | −69.09% |
| Q4 2023 | 2023-12-31 | $60.0M | −$78.0M | −56.52% |
| Q3 2023 | 2023-09-30 | $75.0M | −$64.0M | −46.04% |
| Q2 2023 | 2023-06-30 | $103.0M | −$9.0M | −8.04% |
| Q1 2023 | 2023-03-31 | $110.0M | $63.0M | +134.04% |
| Q4 2022 | 2022-12-31 | $138.0M | $85.0M | +160.38% |
| Q3 2022 | 2022-09-30 | $139.0M | $106.0M | +321.21% |
| Q2 2022 | 2022-06-30 | $112.0M | $4.0M | +3.70% |
| Q1 2022 | 2022-03-31 | $47.0M | $34.0M | +261.54% |
| Q4 2021 | 2021-12-31 | $53.0M | $13.0M | +32.50% |
| Q3 2021 | 2021-09-30 | $33.0M | $14.0M | +73.68% |
| Q2 2021 | 2021-06-30 | $108.0M | $84.0M | +350.00% |
| Q1 2021 | 2021-03-31 | $13.0M | −$14.0M | −51.85% |
| Q4 2020 | 2020-12-31 | $40.0M | $3.0M | +8.11% |
| Q3 2020 | 2020-09-30 | $19.0M | −$10.0M | −34.48% |
| Q2 2020 | 2020-06-30 | $24.0M | −$2.0M | −7.69% |
| Q1 2020 | 2020-03-31 | $27.0M | $9.0M | +50.00% |
| Q4 2019 | 2019-12-31 | $37.0M | $2.0M | +5.71% |
| Q3 2019 | 2019-09-30 | $29.0M | $14.0M | +93.33% |
| Q2 2019 | 2019-06-30 | $26.0M | $12.0M | +85.71% |
| Q1 2019 | 2019-03-31 | $18.0M | $12.0M | +200.00% |
| Q4 2018 | 2018-12-31 | $35.0M | $21.4M | +157.85% |
| Q3 2018 | 2018-09-30 | $15.0M | $4.0M | +36.23% |
| Q2 2018 | 2018-06-30 | $14.0M | $7.6M | +117.46% |
| Q1 2018 | 2018-03-31 | $6.0M | $2.0M | +50.87% |
| Q4 2017 | 2017-12-31 | $13.6M | $3.2M | +30.95% |
| Q3 2017 | 2017-09-30 | $11.0M | −$8.8M | −44.28% |
| Q2 2017 | 2017-06-30 | $6.4M | −$1.1M | −14.66% |
| Q1 2017 | 2017-03-31 | $4.0M | −$2.0M | −32.95% |
| Q4 2016 | 2016-12-31 | $10.4M | $1.4M | +15.54% |
| Q3 2016 | 2016-09-30 | $19.8M | $12.9M | +188.34% |
| Q2 2016 | 2016-06-30 | $7.5M | $2.0M | +36.00% |
| Q1 2016 | 2016-03-31 | $5.9M | $3.1M | +108.18% |
| Q4 2015 | 2015-12-31 | $9.0M | −$2.8M | −23.73% |
| Q3 2015 | 2015-09-30 | $6.9M | −$3.1M | −31.43% |
| Q2 2015 | 2015-06-30 | $5.5M | −$1.1M | −16.64% |
| Q1 2015 | 2015-03-31 | $2.8M | −$953,000 | −25.07% |
| Q4 2014 | 2014-12-31 | $11.8M | $6.2M | +109.60% |
| Q3 2014 | 2014-09-30 | $10.0M | $4.0M | +67.92% |
| Q2 2014 | 2014-06-30 | $6.7M | $626,000 | +10.38% |
| Q1 2014 | 2014-03-31 | $3.8M | −$2.7M | −41.15% |
| Q4 2013 | 2013-12-31 | $5.6M | −$1.3M | −18.22% |
| Q3 2013 | 2013-09-30 | $6.0M | −$147,000 | −2.41% |
| Q2 2013 | 2013-06-30 | $6.0M | $1.3M | +27.66% |
| Q1 2013 | 2013-03-31 | $6.5M | −$379,000 | −5.54% |
| Q4 2012 | 2012-12-31 | $6.9M | $4.0M | +137.36% |
| Q3 2012 | 2012-09-30 | $6.1M | $1.4M | +28.94% |
| Q2 2012 | 2012-06-30 | $4.7M | −$2.7M | −36.65% |
| Q1 2012 | 2012-03-31 | $6.8M | −$2.4M | −25.65% |
| Q4 2011 | 2011-12-31 | $2.9M | — | — |
| Q3 2011 | 2011-09-30 | $4.7M | $403,000 | +9.31% |
| Q2 2011 | 2011-06-30 | $7.5M | — | — |
| Q1 2011 | 2011-03-31 | $9.2M | — | — |
| Q3 2010 | 2010-09-30 | $4.3M | — | — |
Gray Media capital expenditures (capex) trends
Over the last five fiscal years, Gray Media's capital expenditures (capex) decreased from $110.0M to $108.0M, a change of −$2.0M. The latest reported quarter, Q2 2026, shows $17.0M.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Gray Media source filings ↗